Endaoment is committed to maintaining the highest standards of integrity and ethical behavior. Our Anti-Bribery and Anti-Corruption (ABAC) Risk Management policy addresses risks associated with unethical or illegal activities, including bribery, corruption, embezzlement, and fraud, within our operations and external engagements. Effective management of these risks is crucial to preserving donor trust and ensuring the long-term success of our mission.
Endaoment unequivocally prohibits all forms of bribery and corruption across its operations. This policy demonstrates our dedication to preventing, identifying, and addressing bribery and corruption, ensuring transparency and fairness in all business dealings. Compliance with relevant laws and regulations is mandatory for all employees, contractors, board members, and third parties associated with Endaoment.
Conduct comprehensive due diligence on all potential and existing partners, vendors, and stakeholders to assess their risk levels concerning bribery and corruption.
Political Exposure Analysis
Evaluate interactions with government officials or entities to identify and mitigate risks related to political exposure.
For each new hire, inquire if the candidate or their immediate family members are government officials of any country. If affirmative, require details of the role and governmental organization.
Escalation
Escalate affirmative responses to Board review and approval before extending an offer.
Internal Assurance
Conduct internal checks to verify that all disclosures are appropriately addressed and escalated.
Endaoment conducts comprehensive internal testing to evaluate the effectiveness of our anti-bribery and anti-corruption controls across both on-chain and off-chain operations. These tests ensure ongoing compliance and the continuous improvement of our risk management strategies.